AquaBounty announces an 11% increase in second quarter revenues

The net loss totaled $5.5 million AquaBounty Technologies, Inc. has today announced its financial results for the second quarter ended June 30, 2022. In the words of Sylvia Wulf, Chief Executive Officer of AquaBounty, "a robust demand, combined with improvements in sales yields and higher market prices, drove an 11% sequential increase in second-quarter revenues…

ByRocio Álvarez JiménezAugust 9, 20220Comments

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Scotland’s salmon sector encourages UK to take “urgent” actions to palliate exports delays

The salmon sector of Scotland has encouraged the UK Fisheries Minister Victoria Prentis to take urgent action and palliate exports affected by cross-Channel delays. Thereby, during the talks in Shetland participants have highlighted the disruption and the importance of salmon exports for the island and rural communities. Normally, Scottish fresh salmon arrive in France the…

ByRocio Álvarez JiménezAugust 2, 20220Comments

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Taste of BC Aquafarms achieves its first batch of Chinook salmon

In the second quarter of 2022, Taste of BC Aquafarms, a wholly-owned RAS subsidiary by Blue Star Foods Corp., has hatched its first batch of Chinook Salmon. According to Blue Star Foods, the fish are performing well in growth trials with good FCR, growth, and very low mortality. Further, the plan is to raise them…

ByRocio Álvarez JiménezJuly 29, 20220Comments

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ETH Zurich researchers develop seafood alternatives made from microalgae

With other vegetable protein sources also such as soya and peas Food technologist Lukas Böcker and food chemist Severin Eder, researchers from ETH Zurich university, work on developing a platform for producing seafood based on microalgae. Plus the judicious admixture of other vegetable protein sources such as soya and peas. During the ETH Zurich…

ByRocio Álvarez JiménezJuly 28, 20220Comments

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Strawberry Capital of Petter Stordalen, major investor in Atlantic Sapphire

It bought an additional 1.28 million shares According to the latest Atlantic Sapphire AS shareholder list, Strawberry Equities AS owns now more than 4.1 million shares in the company, after buying an additional 1.28 million shares. It seems that the ownership corresponds to approximately 3% of the salmon farming company shares. Petter Anker Stordalen is…

ByRocio Álvarez JiménezJuly 27, 20220Comments

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The Pelham Small Cap Fund buys up to 11% ownership in Atlantic Sapphire

A total shareholding of 14,035,908 shares The Pelham Long/Short Small Cap Master Fund Ltd has been allocated 7,207,317 shares in Atlantic Sapphire ASA private placement. The price per share is NOK 20.50. This means a total shareholding of 14,035,908 shares which represents 10.02%. The new shares in the private placement (including the second tranche approved…

ByRocio Álvarez JiménezJuly 26, 20220Comments

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Samherji plans to invest €430M in fish farming project

The company has focused on investing in new ships, technology and equipment for sea and land During the presentation of the 2021 results of Samherj hf., CEO Þorstein Más Baldvinsson stated that the company is planning to invest up to 60 billion ISK (€430 million) in fish farming projects in the coming years. Samherj hf.…

ByRocio Álvarez JiménezJuly 26, 20220Comments

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Nueva Pescanova Namibian fishing fleet, first to obtain labor compliance certification

The FISH Standard for Crew certification NovaNam, a subsidiary of the Nueva Pescanova Group in Namibia, has become one of the first companies in the world and the first in Namibia to achieve the FISH Standard for Crew certification. This certification proves ethical labor compliance on board its fishing vessels. It employs a crew of…

ByRocio Álvarez JiménezJuly 25, 20220Comments

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Statt Torsk ASA sells 1,600 metric tons of its farmed cod for €6.9M

The agreement involves 2 weekly deliveries Statt Torsk ASA will sell 1,600 metric tons of its farmed cod for €6.9 million ($7 million/NOK 70 million). In more detail, the agreement involves 2 weekly deliveries and approximately 30% of the company's initiated and expected production. Regarding this announcement, CEO Gustave Brun-Lie said: "For STATT, this…

ByRocio Álvarez JiménezJuly 22, 20220Comments

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The Supreme Court of Norway rejects Biomar appeal

The company will have to pay SuperSmolt patent holder STIM After suffering consecutive losses in previous judicial authorities, the Supreme Court of Norway has rejected the appeal from Biomar. The feed producer must now pay SuperSmolt patent holder STIM. Consequently, Biomar must pay well over NOK 36 million in compensations and legal costs to STIM.…

ByRocio Álvarez JiménezJuly 21, 20220Comments

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